The future of outsourcing is a hotly discussed topic ever since it started and the debate is still on. The recent slowdown in the US and Europe has brought into focus the outsourcing debate with respect to unemployment and economic compulsions in these countries. American president Obama’s recent speech has added fuel to fire notwithstanding his intentions being dismissed as election oriented. With specific reference to India, in addition to already existing apprehensions, the addition of competitors like Philippines, Vietnam, and even China have made the subject more intriguing.

Indian strength

Still, India remains a favored destination due to its strategic time location and over half of the Fortune 500 companies use Indian software services. The internal scenario remains competitive as ever. The cost factor is propelling more outsourcing firms towards India. In turn, to offset any negatives on the cost front posed by emerging BPO competitors like the Philippines, delivery centers have now started blooming among smaller cities and towns in contrast to a few metros a few years ago. Also, diversification and new areas of business are being witnessed in the form of account outsourcing, legal process outsourcing, and banking management outsourcing. Even companies that are averse to outsourcing their work to India expect BPO concerns here to take up more expansive domains and contribute more towards decision making processes, in a way redefining the outsourcing principle and making it look more comprehensive and efficient.

The changing “looks” of Indian BPO

In any case, the outsourcing scenario looks only brighter for the Indian BPO players and young techies in particular. Entering and diversifying into unexplored regions in Europe and China are spelling exciting prospects for zealous entrepreneurs here. Also the latest trend is the unique “Swadeshi” or Gandhian innovation that young professionals are willing to adapt, i.e. transitioning from manning the back offices for Western clients to owning front offices, which are 100% Indian. These will cater to Indian needs and offer creative and feasible solutions to Indian problems and needs of the Indian markets. This has brought alive and kicking the meaningful implementation of IT in much needed sectors like agriculture, scientific research, and infrastructure. Thus, including more business and decision oriented processes to fall under the ambit of outsourcing agenda has transformed “outsourcing” into more of a burden sharing and mutually beneficial exercise. From the way things look, Indian BPOs are poised to go even higher on the growth chart in the coming years.

Note: The article is based on market news and views and does not reflect the author’s opinion.

Article by
K. Muthukumaran
Senior Technical Writer

At Informatics Outsourcing we offer Bioinformatics services that focus on computational biology and clinical trial informatics.

Our Bioinformatics services are tailor-made mainly for multinational organizations and institutions in the life science industry where R&D is involved. Informatics Outsourcing uses it to build solutions to biological and data analysis problems.

Value of Outsourcing Bio informatics Services:

Our Bionformatics Services would definitely add measurable value to the business process. It also accelerates drug development, protein study, structural analysis and structural prediction.

Benefits of Bioinformatics Outsourcing:

There are many potential benefits that can be derived from bioinformatics outsourcing.

Informatics Outsourcing offers the following benefits that prove to be a driving force behind the outsourcing phenomena,

* Cost saving and access to quality resources (PhD and Masters in life sciences)
* Database Creation: Our bioinformaticians use computer software tools for database creation.
* Software Development: Development of new software tools for genomics, proteomics, sequence alignment, gene prediction & related applications and development of teaching and e-learning modules in bioinformatics.
* Our Strength: Our team of well experienced scientists, software engineers and bioinformaticians are involved in offering the best bioinformatics services to our clients.

Advantages of Outsourcing bio informatics Services to Informatics Outsourcing:

* Focus on core capabilities
* Improve operational efficiency and improve competitiveness
* Minimize on total cost of ownership
* Improve service delivery to customers
* Manage cost and time
* To comply with the market trends

Like to know about Outsourcing Bioinformatics Services Contact Us

Article by

A. Vijay Babu,
Associate Scientist

What is KOL and why their Databases are needed?

Key Opinion Leaders  (KOLs) are scientific experts or clinical investigators or Physicians and they belong to a specific area of expertise such as Pediatrics, Oncology, Anesthesiology, cardiology, diabetes etc.

Key Opinion Leaders play an important role in the drug development process and are vital for a product’s success throughout a product’s life cycle. KOLs also provide advocacy activity and key marketing feedback. Pharmaceutical companies usually engage KOLs for the drug development processes.

Pharmaceutical companies involve KOLs in publications, advisory roles, conducting of clinical trials, or conducting marketing research.

KOL Databases has list of top KOLs. These KOLs are identified through Primary and Secondary Research. KOLs are identified, validated and segmented according to various factors like disease condition, Geographical Locations, Community Health Centers.

At Informatics outsourcing, we also develop databases of Non-English KOLs apart from KOLs of English speaking nations. Our Experienced translators profile for Non-English speaking KOLs.

The KOL databases are created and maintained in Oracle Platform/ MS Access Platform/ Web based platform.

Top KOLs are ranked and profiled by our Masters level curators and data collection is done primarily through secondary research and primary research.

KOLs profiled are then integrated in to our Database. Our databases have the following features:

• KOLs are segmented based on Area of Expertise or Regions or Specialty.
• KOLs demographic details and Education.
• KOLs regional and national level associations and their presentations in national level conferences, Symposium and Annual Meetings.
• KOLs current and past affiliations.
• KOLs specific areas of Interest or expertise.
• KOLs Advisory positions with Pharmaceutical Companies, Clinical Trials, Pictures.
• List of Professional Awards received by KOL during his life time.

KOL databases can be used for health care marketing. It also provides the list of clinical trials being carried out by KOL. They are of prime importance for a product’s success.  KOLs and their databases help Pharmaceutical Industries in researching, launching, and marketing new drugs or compounds in to the global market.

What Informatics Outsourcing provides?

Live KOL databases with 100% Accuracy rate and constant update of KOL databases at low TAT.

Outsourcing Benefits for Pharmaceutical Industries :

• Low turnaround time
• Reduced Drug development cost
• Faster Drug Development
• Cost-effective prices
• Increase productivity with increased efficiency
• Quality Check processes to check the accuracy of the Content/ Databases
• 100% accuracy rate of Databases
• Full proof data security
• Use of the latest in technology and infrastructure

To Know More  about KOL Service Click Here

Article by

S. Vignesh  Prasanna
Associate Scientist

Service provider:

A company that provides outsourcing services. Terms such as “provider,” “vendor” and “partner” are often used interchangeably.

Outsourcing:

1. Performance outside a firm or plant of a manufacture activity that was previously done inside.

2. Manufacture of inputs to a construct process, or a part of a process, in another location, especially in another country.

3. Another term for fragmentation.

Off shoring Service:

Off shoring is defined as the repositioning by an organization of a business process from one region to another. This could, in general, be an operational process. For instance, industrialized or supporting processes, such as marketing, accounting, etc. Nowadays, offshoring is courted by state governments also.

Globalization

It is the attempt to regularize consumer habits that has a say in the expansion of global markets, better efficiencies and profits. On a political front, it may be based on neo-liberal values and assumptions that provide a cause for this latest face called Western migration. This weakens the local economies, cultures of self-sufficient being.

In Sourcing:

The process of getting the finished goods and effective services where in-house resources (people, raw materials, etc.) are utilized.

Near shoring:

This process refers to sourcing of ‘service behavior’ to a different region, a country with a low-wage rate that is comparatively close in some element of distance. The outsourcers expect to benefit from more than one of the following avenues of proximity: demographic, time specific, cultural, economic, linguistic or historical linkages.

Application service providers:

Organizations that remotely host software applications along with provide access to and use of the applications over the Internet.

Full service human resource outsourcing:

Outsourcing the full employee life cycle that includes both process and transactions orchestrated by a single provider). Related to Total Human Resource outsourcing.

Human resource outsourcing (HRO):

The normally established market-standard term for describing the eighteen different Human resources related outsourcing processes.

Market-driven sourcing:

A market-driven approach to sourcing means that the organization’s sourcing decisions is in direct response to the capabilities of the marketplace of available providers. Normally the company’s internal abilities are higher than the ones in marketplace of providers.

Zero based sourcing:

The outsourcing decision for each face of an organization’s operation is re-justified every planning cycle from an assumed base of zero. This approach ensures that the business is constantly and impartially re-testing its internal operations against the best available external solutions.

If you would like to know more about our global outsourcing services

CLICK HERE

Article By:

Syed Alaudeen
Senior SEO Professional